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Richmont Mines Inc. Message Board

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  • insect_insight insect_insight Oct 1, 2012 2:53 PM Flag

    Dropping like a rock, heading for new 52 week lows


    you can pump all you want but it does not change the extremely bearish future for RIC and all other gold miners.

    RIC just happens to be the worst of the worst, but I always warn people away from all gold or silver miners, especially considering how rotten and shareholder unfriendly their management happen to be.

    Imagine announcing a dilution a significant discount to market price, to a group of complicit funds who so obviously shorted the stock, wrote call, and bought puts some time ago, safe in knowing that they could cover the short with the new issuance of stock.

    How many times have these rotten gold and silver miner managements screwed their own shareholders in such an obvious flagrant manner?? Yet you never hear a peep of protest from those who are the targets of such overt manipulation, designed to feather the nests of management (miners and funds) at the expense of shareholders?

    What kind of masochists suffer this abuse? What kind of idiots remain long in any of these miners?

    If it weren't so laughable, it would be pathetic.

    This topic is deleted.
    • Well I'm not really sure I understand why you are posting so many negative threads all day long over this stock. IMO no fund would invest so much money on a turkey. They invest a lot of money in RIC because they see what I see and thats a good investment.

      We're not talking Facebook here. This is a company backed with hard assests. Gold!

      Go ahead and trash this stock, it really doesn't matter to me because I am buying at these bargin basement prices! I just think it is silly to sell at this price. It's like selling your gold below $1,600 because some yahoo makes a bunch of gloom and doom posts.

      And I don't understand why you would be trashing the other miner stocks either? I made good money this month on them! I made money on NG & PAAS. I made more money in 1 week, than my wife makes in 2 1/2 months working her 9-5 job.

      The only thing that is really laughable is that you are missing the gold rush!

      Sentiment: Strong Buy

3.08+0.17(+5.84%)Oct 13 4:02 PMEDT